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The French “whale” who bet $30 million on a Trump White House win via Polymarket has raked in $48 million ... each made wagers on Donald Trump winning the Electoral College and the popular ...
Polymarket has since opened a market that is resolved solely by who gets inaugurated, set to happen on Jan. 20, 2025. Currently, that market shows a 56% chance of Trump being inaugurated, with ...
To briefly recap, Polymarket was kicked out of the U.S. in 2022 for letting U.S. users bet on political prediction markets, which, at the time, was against the law.
The 2024 election was filled with new and unprecedented developments in the history of American electoral politics: A sitting President was pushed out of the race by his own party.
The FBI searched the New York City home of Polymarket founder Shayne Coplan as part of a criminal investigation into the election betting platform, law enforcement sources told ABC News. The ...
Founded in 2020 and backed by VCs including Peter Thiel’s Founders Fund, Polymarket tried to launch electoral betting in the U.S. before being forced offshore by the Commodity Futures Trading ...
As prediction markets, regulators, and electoral gamblers await the judge's full decision, all eyes will be on Polymarket, which is based in New York but has not yet signaled whether it will open ...
Polymarket, by contrast, has become a fixture of political Twitter and, according to Nick Tomaino—whose venture fund 1confirmation has invested in all of these projects—is the go-to site for ...